Your Local Mortgage Lender
Located in Tampa, Florida
Personalized Mortgage Experience
Moses Alford offers personalized service and loan options you'll love. We shop multiple lenders to find the best rate and product for you, getting you into your dream home faster.
With wholesale interest rates and cutting-edge technology, we make the mortgage process seamless. Trust the experts who focus solely on mortgages. Support your local community and experience elite client service.
Let us help you achieve your homeownership dreams!
The Home Loan Process
Mortgage Pre-Approval
Get pre-approved from one of our Loan Officers to see how much you can afford.
House Shopping
Work with a trusted Real Estate Agent to find a home you would like to move into.
Loan Application
Complete your home loan application to get the lending process started.
Don't take my word for it
Mortgage Programs
Experience the best mortgage experience located in Tampa, Florida.
Home Loan Options
Our experienced mortgage advisors will walk you through the best mortgage loan program that will fit your specific scenario.
Conventional Home Loans.
FHA Home Loans.
USDA Home Loans.
VA Home Loans.
Frequently Asked Questions
How often can I refinance my mortgage?
There is no limit to the number of times you can refinance. However, you must qualify every time you apply and there will be costs associated with closing the loan each time.
Can I buy a home if I do not have money for a down payment?
Yes! There are a number of bond programs that offer low or no down payment financing options.
How do I know which mortgage is right for me?
The key to choosing the right mortgage is to understand the range of options and features available to you, as well as your budget, circumstances, and goals. Our licensed mortgage professionals are here to help you navigate that process. The more you know, the more comfortable and confident you will be choosing the best option for you and your family.
How long will the loan process take?
The Truth in Lending Act (TILA) does not permit a lender to close a loan until at least seven (7) business days have passed from the date your application was received. A typical home loan takes 30 days, as a number of third-party services such as appraisals, title work, and credit are required in conjunction with the mortgage process. Once you familiarize your Loan Officer with the details of your specific loan scenario, they will be able to provide you with a more specific timeline.
Will I qualify for a home loan?
The only way to find out is to speak with a qualified mortgage professional. Our Loan Officers have helped numerous clients who didn’t know if they could qualify to become home owners. We take the time to understand your financial situation and long-term financial goals, and then match you with the loan program that best fits your needs. Your approval for a loan may also largely depend on the price of the home you are financing. Getting pre-qualified prior to beginning your home search can give you an idea of what you may be able to afford.
Why do people refinance their mortgages?
Homeowners typically refinance to save money, either by obtaining a lower interest rate or by reducing the term of their loan. Refinancing is also a way to convert an adjustable loan to a fixed loan or to consolidate debts.
How much money will I have to pay upfront to buy a home?
This question does not have a simple, one-size-fits-all answer. The exact amount will depend on the price of the home you buy as well the type of mortgage financing you choose. Depending on your loan program, your down payment could be as much as 20% of the home’s price or as little as 3%, while some loans require no down payment at all.
Can I get a mortgage after bankruptcy?
You may still qualify for a home loan even if you have experienced a bankruptcy. The best way to find out if you qualify is to talk with a Loan Officer to discuss your options. Be sure to bring all paperwork regarding your bankruptcy so your Loan Officer can find the program that best fits your situation.
Should I lock my interest rate now, or wait until we are closer to our closing?
Interest rates fluctuate all day, every day. If an interest rate is good, it may be in your best interest to lock now. If you wait, you run the risk of an increase in rates later. If you are concerned that rates may go down after you lock, contact your Loan Officer to discuss your options. Some programs allow you to lock for an extended period and choose to lower your rate should a better one become available.
Most Recent Blog Updates
Stop Shopping for a Price and Start Shopping for a Payment and Here Is Why It Changes Everything
The Shift in Thinking That Changes How Every Home Search Should Start
Most buyers begin their home search by picking a price range. Moses Alford wants them to start somewhere else entirely.
Stop shopping for a price. Start shopping for a payment. That one shift in how you think about the search changes everything that follows.
Why Two Homes at the Same Price Can Cost Very Different Amounts Every Month
Take two homes both listed at four hundred thousand dollars. On the surface they look identical from a budget perspective. In practice they may carry meaningfully different monthly obligations once you factor in everything that actually hits your bank account every month.
Property taxes vary by county, city, and even neighborhood within the same city. Homeowners insurance varies based on the property's age, location, and construction. HOA fees can add hundreds of dollars per month in certain communities and zero in others. And the interest rate available at the time of purchase affects every payment you will make for the life of the loan.
The purchase price is one input. The monthly payment is the output that actually determines whether the purchase works for your life.
How Moses Builds a Buying Strategy
Before the conversation ever turns to maximum purchase price Moses wants to know the answer to a different question. What payment are you actually comfortable with every month? Not what you can technically qualify for. What you can genuinely sustain while still living the life you want to live.
That number becomes the anchor. Everything else gets built around it. The price range, the neighborhoods, the loan structure, the negotiating strategy. The payment comes first and the house that fits it follows.
Where Creative Financing Can Produce Better Results Than Price Negotiations
Here is where the strategy conversation gets particularly useful. A seller who agrees to buy down your interest rate can produce monthly savings that exceed what the equivalent dollar amount applied to a price reduction would generate.
A ten thousand dollar price reduction on a four hundred thousand dollar home changes the monthly principal and interest payment by a relatively modest amount. The same ten thousand dollars applied to buying down the interest rate through seller concessions can produce a larger monthly savings that compounds across every payment you make. For a buyer focused on the monthly payment rather than the purchase price that distinction matters significantly.
What Moses Actually Wants for His Clients
He is not trying to help buyers find a home they can technically afford. He is trying to help them find a home they can afford while still having a life after the mortgage payment clears each month.
Emergency savings. Retirement contributions. Vacations. Car repairs. The things that make financial life functional and enjoyable rather than a relentless stretch to cover obligations.
Know your payment first. Then go find the house. Reach out to Moses Alford to build your buying strategy around the number that actually matters.
Sources
ConsumerFinancialProtectionBureau.gov
MortgageNewsDaily.com
FannieMae.com
Investopedia.com
BankRate.com
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